Avantax Planning Partners Inc. Invests $296,000 in Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG)

Avantax Planning Partners Inc. purchased a new position in Invesco S&P 500 Equal Weight Energy ETF (NYSEARCA:RSPG) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,021 shares of the company’s stock, valued at approximately $296,000. Avantax Planning Partners Inc. owned 0.06% of Invesco S&P 500 Equal Weight Energy ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brookstone Capital Management bought a new position in Invesco S&P 500 Equal Weight Energy ETF in the fourth quarter worth approximately $999,000. International Assets Investment Management LLC acquired a new stake in Invesco S&P 500 Equal Weight Energy ETF in the 4th quarter valued at $20,027,000. CWM LLC bought a new stake in Invesco S&P 500 Equal Weight Energy ETF during the 4th quarter valued at $111,000. Mason & Associates Inc acquired a new position in Invesco S&P 500 Equal Weight Energy ETF during the fourth quarter worth $6,764,000. Finally, Raymond James & Associates bought a new position in shares of Invesco S&P 500 Equal Weight Energy ETF in the fourth quarter valued at $7,710,000.

Invesco S&P 500 Equal Weight Energy ETF Price Performance

Shares of NYSEARCA:RSPG traded up $0.15 during midday trading on Friday, hitting $80.02. 56,253 shares of the company’s stock were exchanged, compared to its average volume of 78,787. Invesco S&P 500 Equal Weight Energy ETF has a 12 month low of $63.19 and a 12 month high of $86.59. The company has a market cap of $589.75 million, a PE ratio of 11.59 and a beta of 0.56. The stock has a 50 day moving average price of $82.55 and a 200-day moving average price of $76.76.

Invesco S&P 500 Equal Weight Energy ETF Profile

The Invesco S&P 500 Equal Weight Energy ETF (RSPG) is an exchange-traded fund that is based on the S&P 500 Equal Weight Energy Plus index. The fund tracks an equal-weighted index of US energy companies in the S&P 500. RSPG was launched on Nov 1, 2006 and is managed by Invesco.